Saturday, November 2, 2019

Reich: Farm bankruptcies escalate

Here's his FB post on Dump's stupid trade war, just one of many of his idiotic policies. We really need to get through to hard working people that this guy is not your savior but your worst enemy. Perhaps even the anti-Christ if you believe that stuff.

"Thanks to Trump’s asinine trade war with China, farm bankruptcies in September soared to 24% — their highest peak since 2011. Nearly 40% of projected farm profit this year will come from trade aid, disaster assistance, and federal subsidies. Trump’s farm aid has now cost more than double the 2009 auto bailout.

"Under Trump’s economy, manufacturing is contracting, growth has slowed, and farm bankruptcies are surging — so the GOP’s solution is to enact more tax cuts for the wealthy and corporations. Trump and his enablers decry policies like Medicare for All and a Green New Deal as “socialist”, but have no problem handing out massive federal aid to farmers who have been hit by Trump’s pointless trade war. Their hypocrisy is staggering."

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